15. Suppose Ningbo Steel had sales revenue of $11,000 sales revenue, cost of goods sold...

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15. Suppose Ningbo Steel had sales revenue of $11,000 sales revenue, cost of goods sold of $5,000, operating expenses of $3000, interest expense of $1,000, a tax rate of 20%, and 1,000 shares of common stock outstanding Based on this information, net profit after tax was: les 11.000 Gous 5000 1,000 a $1,600 b. $1,000 le $500 tax 20% d. $0 03 DE 3000 1000 -5,000 6006 - 3000 1000 - 3000 100 mation available

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